SINGAPORE EMPLOYMENT PASS
OVERVIEWEmployment Pass (EP) is the main type of Singapore work visa issued to         Setup Requirementsoverseas professi...
EMPLOYMENT PASS                                 Eligibility and RequirementsWho is it for?                           Profe...
Helpful Links:Company RegistrationImmigrationAccountingTaxation ServicesOffshore IncorporationRIKVIN PTE LTD20 Cecil Stree...
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Rikvin singapore employment pass

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Rikvin singapore employment pass

  1. 1. SINGAPORE EMPLOYMENT PASS
  2. 2. OVERVIEWEmployment Pass (EP) is the main type of Singapore work visa issued to Setup Requirementsoverseas professional, managerial (managing director, general manager, • Minimum 1 Shareholder CEO), executive or specialist who wishes to work in Singapore. • 1 Resident DirectorThe Ministry of Manpower (MOM) allows the foreigner to apply for aSingapore Employment Pass after they have incorporated their Singapore • 1 Company SecretaryCompany to enable them to live and work in Singapore. The EP does not • Minimum paid-up capital of S$1fall under any quota system nor is there a monthly levy charge for EP. • A local registered office addressYou can apply for Singapore Employment Pass (EP) work visa, if:• You are a foreign Entrepreneur, professional, managing director of Singapore companies who wish to relocate to Singapore to manage your company operations; Application Process• You are a locally incorporated Singapore Company and need to hire foreign employees; Incorporate Singapore Company• You have an Employment offer from a prospective Singapore employer. In this case, you will need the company to apply the employment pass application on your behalf;Eligibility for a Singapore Employment Pass is determined based onthe individual applicant’s educational and professional qualifications, Apply for Employment Passspecialist skills or related work experience. The applicant must be drawing Assessment (1 to 4 weeks) by MOMa minimum fixed monthly salary of at least S$2,800.Note: Singapore Employment Passes are carefully assessed by theMinistry of Manpower (MOM), which takes into consideration not justthe applicant’s eligibility, but the employer’s track record and the quality If approved, an Approval-in-Principleof the applicant to complement and supplement the Singapore local letter is issuedworkforce.Application success is also closely tied to the economic climate withinSingapore at the time of application. Consideration will be given tocompanies that are able to make a contribution to any of the industries Collect Employment Passcurrently being developed and promoted by the Singapore government and start Businessand to individuals who possess skills that are in short supply or highdemand and those who can complement and value-add to the Singaporeworkforce.Online ResourcesEmployment Pass FAQs | Compare Singapore Work Pass Types | Singapore Work Visa Copyright © 2011 Rikvin Pte Ltd
  3. 3. EMPLOYMENT PASS Eligibility and RequirementsWho is it for? Professionals, managerial personnel (managing director, CEO), executives or specialists who wish to work in Singapore can apply for an Employment Pass.Eligibility Criteria To be considered for an Employment Pass, a foreigner must have a fixed monthly salary of at least S$2,800, and possess acceptable degrees, professional qualifications or specialist skills. Singapore Employment Passes are carefully assessed by the Ministry of Manpower by taking into consideration a number of factors such as the applicant’s qualifications, work experience, job profile, economic contribution, employer’s track record and the quality of the applicant to complement and supplement Singapore local workforce. Applicant Company Government • Relevant work experience • Paid-up capital • Industry economic • Proposed salary • Operating history contribution • International presence • Skill in demand • Age • Employer track record • Complement and • Position value add to work • No. of local employees • Special skill set forcePass Type & Eligibility Pass Type Eligibility Criteria P1: Fixed monthly salary > $8,000 Possesses recognized qualifications P2: Fixed monthly salary > $4,000 Possesses recognized qualifications Q1: Fixed monthly salary > $2,800 Possesses recognized qualifications; or Specialized skills and a minimum of 5 years of work experience may compensate for the lack of recognized qualifications. Company Paid-up Capital S$1.00 (Higher paid-up is one of the reviewing factors considered by MOM.)Visa Validity 1 – 2 yearsRenewal Renewable as long as you continue to be employed by the company.Dependent Pass Will be granted to immediate family membersPermanent Residence (PR) Eligible to apply after 12 months for Singapore Permanent ResidenceDocuments Required for EP Application • A clear scanned copy (preferably color) of Travel Document Page showing the personal particulars and travel document number. Please include pages reflecting amendments to details (e.g. name, expiry date), if any. • Educational Certificates, if any1. Please provide a clear scan copy of the documents in 150 dpi Resolution not exceeding 2MB in PDF file format. • Registration or Support Letters from the relevant Vetting Agency / Professional Body / Accreditation Agency, if support from them has been declared in the application. 1 Applicants with diploma/degree qualifications from India will need to submit their transcript and marksheets. Applicants with degree qualifications from China will need to submit their Certificate of Graduation.When can it be applied? Employment pass can be applied anytime after incorporation of the company. Online Resources Singapore Employment Pass | Singapore Work Pass | Entrepass Copyright © 2011 Rikvin Pte Ltd
  4. 4. Helpful Links:Company RegistrationImmigrationAccountingTaxation ServicesOffshore IncorporationRIKVIN PTE LTD20 Cecil Street, #14-01, Equity Plaza, Singapore 049705Main Line : (+65) 6438 8887Fax : (+65) 6438 2436Email : info@rikvin.comWebsite : www.rikvin.comThis material has been prepared by Rikvin for the exclusiveuse of the party to whom Rikvin delivers this material.This material is for informational purposes only and hasno regard to the specific investment objectives, financialsituation or particular needs of any specific recipient.Where the source of information is obtained from thirdparties, Rikvin is not responsible for, and does not acceptany liability over the content. Copyright © 2011 Rikvin Pte Ltd

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